It’s been a couple of exciting weeks at Stakin and in the overall Proof-of-Stake ecosystem. That’s why we’ve once again listed some of the new developments for you:
We’re very proud to be able to announce that as of the 12th of October, 2020, the Stakin Lossless Lottery DApp is live! At the moment of writing, the 23rd of October 2020, the first draw has already happened with 1 lucky winner earning $ICX 2,009. …
Today, we’re looking at how to stake Tezos ($XTZ) with your Ledger Live App and the Ledger Hardware Wallet. But first, a quick recap of the Tezos network. You can check out our more detailed articles for those of you new to the blockchain world here.
In a nutshell, Tezos is an open-source platform for assets and applications that can evolve by upgrading itself. Stakeholders govern upgrades to the core protocol, including the amendment process itself. So, what makes Tezos so unique and such a popular Proof-of-Stake (PoS) protocol?
Firstly, Tezos has its blockchain that has been built from the ground up. Additionally, the Tezos consensus relies on a less power-hungry algorithm than other similar PoS algorithms. However, according to most stakeholders and competitors, the most significant difference between different blockchains and Tezos is how it allows its ledger rules to be self-governing. Self-governing is done by creating the “apply” and “score” variables a part of the mutable state. …
It has been long-anticipated and we are still awaiting the launch of Ethereum 2.0 or ETH2. The long-planned upgrade to the Ethereum network, which is said to give it the scalability and security it needs to serve all of humanity. Yes, we know, a rather ambitious goal.
The first stage of ETH2, named only Phase 0, has been rescheduled but is currently planned to launch somewhere in 2020. …